Convert and Swap NFT NFT to Pakistani Rupee PKR
NFT/PKR: 1 NFT equals PKR 1.05 PKR
NFT (NFT) is not tradable on Coinbase.
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Last update: 11:45 AM, December 23, 2024
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NFT is falling this week.
The current price of NFT is PKR 1.05 per NFT. With a circulating supply of 37,823,822.572 NFT, it means that NFT has a total market cap of PKR 39,881,294.61. The amount of NFT traded has fallen by PKR 0.00 in the last 24 hours, which is a 0.00% decrease. Additionally, in the last day, PKR 53,908.78 worth of NFT has been traded.
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About NFT
NFT, or Non-Fungible Token, is a unique type of digital asset that utilizes blockchain technology to establish proof of ownership and authenticity. Unlike cryptocurrencies such as Bitcoin or Ethereum, which are fungible and can be exchanged on a like-for-like basis, NFTs are unique and cannot be exchanged on a like-for-like basis. Each NFT contains distinct information or attributes that set them apart from each other, which allows for the verification of their uniqueness and ownership. NFTs have gained significant attention due to their potential to revolutionize various industries, including art, music, gaming, real estate, and more.
NFTs operate on the principle of blockchain technology, which is a decentralized digital ledger that records transactions across multiple computers. When an NFT is created, or "minted", it is added to the blockchain, and the information about the NFT, such as its origin, ownership, and history, is stored in the blockchain. This information is immutable and cannot be altered, providing a transparent and secure method of proving ownership and authenticity. When an NFT is bought or sold, the transaction is recorded on the blockchain, and the ownership of the NFT is transferred from the seller to the buyer.
NFTs have a wide range of potential use cases, particularly in industries that value unique assets. In the art world, for example, NFTs can be used to digitize artwork and establish proof of ownership, allowing artists to sell their work directly to consumers without the need for intermediaries. In the music industry, NFTs can be used to create unique digital merchandise or experiences. In gaming, NFTs can represent in-game assets, such as characters, items, or real estate, which players can trade or sell. NFTs can also be used in real estate to represent ownership of a property, and in the fashion industry to create unique digital clothing or accessories.
The concept of NFTs originated in 2012 with the creation of "colored coins" on the Bitcoin blockchain. However, it wasn't until 2017, with the launch of CryptoPunks and CryptoKitties on the Ethereum blockchain, that NFTs gained significant attention. CryptoPunks and CryptoKitties are collections of unique, digital characters that can be bought, sold, and owned as NFTs. The popularity of these projects demonstrated the potential of NFTs to represent digital ownership in a new and exciting way. Since then, the NFT market has grown exponentially, with NFT sales reaching record highs in 2021. The rise of NFTs has also led to the creation of various NFT platforms and marketplaces, such as APENFT, which aim to bridge the gap between traditional and digital art.
How NFT and Pakistani Rupee differ
NFTs, or Non-Fungible Tokens, and the Pakistani Rupee (PKR) are both forms of value, but they operate in fundamentally different ways. NFTs are unique digital assets that use blockchain technology to establish proof of ownership and authenticity. Each NFT is distinct, with specific information or attributes that differentiate it from others, making it impossible to exchange on a like-for-like basis. On the other hand, the Pakistani Rupee is a traditional form of currency, fungible in nature, meaning each unit is identical to another and can be exchanged on a like-for-like basis. While NFTs are primarily used in industries that value unique assets, such as art, music, gaming, real estate, and fashion, the Pakistani Rupee is used for a wide range of transactions in Pakistan, from buying groceries to paying bills. Furthermore, the value of NFTs can fluctuate significantly based on demand and perceived value, while the value of the Pakistani Rupee is regulated by the State Bank of Pakistan and influenced by economic factors such as inflation and foreign exchange rates.
Frequently asked questions
How much is 1 NFT in PKR?
Right now, 1 NFT is worth about PKR 1.05.
How much NFT could I buy for 1 PKR?
Based on the current rate, you could get 0.95 NFT for 1 PKR.
How do I calculate or convert NFT to PKR?
You can use our NFT to PKR calculator at the top of this page to convert any amount of NFT to PKR. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 PKR is equivalent to 4.74 NFT. Inversely, 5 NFT will cost about PKR 5.27
How can I buy 1 NFT on Coinbase?
NFT can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy NFT.
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NFT to Pakistani Rupee conversion tables
The exchange rate of NFT is increasing.
The current value of 1 NFT is PKR 1.05 PKR. In other words, to buy 5 NFT, it would cost you PKR 5.27 PKR. Inversely, PKR 1.00 PKR would allow you to trade for 0.95 NFT while PKR 50.00 PKR would convert to 47.42 NFT, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 2.83%. Meanwhile, in the last 24 hours, the rate has changed by 0%, and that the the highest exchange rate of 1 NFT to Pakistani Rupee was PKR 1.06 PKR and the lowest 24 hour value was 1 NFT for PKR 1.05 PKR. This time last month, the value of 1 NFT was PKR 0.87 PKR, which is a 20.8% decrease from where it is now. Looking back a year, NFT has changed by PKR 5.14 PKR. That means that in a single year, the value of NFT has shrank by 79.28%.
NFT to PKR performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
PKR 1.05 PKR | 0.00% | PKR 1.08 PKR | -2.83% | PKR 0.87 PKR | 20.80% | PKR 5.14 PKR | -79.28% |
NFT to PKR
Amount | Today at 11:45 am |
|---|---|
0.5 NFT | PKR 0.53 |
1 NFT | PKR 1.05 |
5 NFT | PKR 5.27 |
10 NFT | PKR 10.54 |
50 NFT | PKR 52.72 |
100 NFT | PKR 105.44 |
500 NFT | PKR 527.20 |
1,000 NFT | PKR 1,054.39 |
PKR to NFT
Amount | Today at 11:45 am |
|---|---|
0.5 PKR | 0.47 NFT |
1 PKR | 0.95 NFT |
5 PKR | 4.74 NFT |
10 PKR | 9.48 NFT |
50 PKR | 47.42 NFT |
100 PKR | 94.84 NFT |
500 PKR | 474.21 NFT |
1,000 PKR | 948.41 NFT |
Today vs. 24 hours ago
Amount | Today at 11:45 am | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 NFT | PKR 0.53 | PKR 0.53 | 0.00% |
1 NFT | PKR 1.05 | PKR 1.05 | 0.00% |
5 NFT | PKR 5.27 | PKR 5.27 | 0.00% |
10 NFT | PKR 10.54 | PKR 10.54 | 0.00% |
50 NFT | PKR 52.72 | PKR 52.72 | 0.00% |
100 NFT | PKR 105.44 | PKR 105.44 | 0.00% |
500 NFT | PKR 527.20 | PKR 527.20 | 0.00% |
1,000 NFT | PKR 1,054.39 | PKR 1,054.39 | 0.00% |
Today vs. 1 month ago
Amount | Today at 11:45 am | 1 months ago | 1M Change |
|---|---|---|---|
0.5 NFT | PKR 0.53 | PKR 0.44 | +20.80% |
1 NFT | PKR 1.05 | PKR 0.87 | +20.80% |
5 NFT | PKR 5.27 | PKR 4.36 | +20.80% |
10 NFT | PKR 10.54 | PKR 8.73 | +20.80% |
50 NFT | PKR 52.72 | PKR 43.64 | +20.80% |
100 NFT | PKR 105.44 | PKR 87.29 | +20.80% |
500 NFT | PKR 527.20 | PKR 436.43 | +20.80% |
1,000 NFT | PKR 1,054.39 | PKR 872.85 | +20.80% |
Today vs. 1 year ago
Amount | Today at 11:45 am | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 NFT | PKR 0.53 | PKR 2.54 | -79.28% |
1 NFT | PKR 1.05 | PKR 5.09 | -79.28% |
5 NFT | PKR 5.27 | PKR 25.44 | -79.28% |
10 NFT | PKR 10.54 | PKR 50.88 | -79.28% |
50 NFT | PKR 52.72 | PKR 254.38 | -79.28% |
100 NFT | PKR 105.44 | PKR 508.76 | -79.28% |
500 NFT | PKR 527.20 | PKR 2,543.81 | -79.28% |
1,000 NFT | PKR 1,054.39 | PKR 5,087.61 | -79.28% |
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